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20121121
20121129
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KPIX (CBS) 2
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CBS
Nov 29, 2012 6:00am PST
decent news on the economy out there. the labor department reporting that first time weekly claims fell 23,000 to 393,000 and for the first time in several weeks, superstorm sandy not distorting figures. now the overall trend is still distorted. the four-week average rose to 450,000. and another look at the economy, come from the commerce department its second look at 3rd quarter gross domestic product overall economic growth revising it higher to 2.7% from an earlier estimate of 2% also compared to 1.3% in the 2nd quarter. now, the 4th quarter is likely to be impacted by sandy and also from "fiscal cliff" worries. as far as the "fiscal cliff" goes, politico is reporting this morning that there is a framework for a deal in place that would include $1.2 trillion in tax increases and $400 billion in entitlement cuts on medicare. wall street watching that closely. let's look at the numbers. the dow is up by 45 points after gaining more than 100 yesterday. it's back over 13,000. nasdaq higher by 19. s&p right now is up by 6 points. back to you. >> thank you, jason brooks with kcbs and cbsmo
CBS
Nov 22, 2012 6:00am PST
that have stifled gaza's economy for years. israeli troops that had been poised for a possible ground war pulled back this morning. in tel aviv, most israelis were also happy to hear the news. >> i would like to believe that not fighting will always do more good than fighting. but i'm very happy to hear that. >> reporter: egypt's new islamist government was the driving force behind the negotiations to end the conflict with diplomatic help from secretary of state hillary clinton. clinton spent two days shuttling between jerusalem, the west bank and cairo. >> people of this region deserve the chance to live free from fear and violence and today's agreement is a step in the right direction. >> reporter: clinton expects egypt to play a key role in maintaining peace. susan mcginnis, cbs news, washington. >>> two cars riddled with bullets on an east bay freeway shut down the freeway on a heavy commute night last night. they were found near seminary exit westbound 580 in oakland. there was no one in either car. police haven't found anyone related to the cars. the freeway shut down for
Search Results 0 to 1 of about 2